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Biotech / Medical : Health Management Systems, Inc. (HMSY)- Great BuY!

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From: JakeStraw	9/26/2011 9:45:18 AM
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HMS Awarded Recovery Audit Contractor Contract by the State of Oregon finance.yahoo.com Under the terms of this contract, HMS will perform services outlined in the RAC portion of the Affordable Care Act, including identifying and recovering improper Medicaid underpayments and overpayments, and detecting Medicaid overpayments arising from provider fraud and abuse. HMS will also review claims subject to TPL requirements to ensure Medicaid remains the payor of last resort. The contract extends through September 14, 2014, with the option to renew for additional years, as long as the contract period does not exceed five years.

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